MergerPlace

Fast Food Franchise

Utah


  • Asking Price: $289,000
  • Gross Income: $634,207
  • Cash Flow: $115,923
  • Real Estate: Not Disclosed
  • Inventory: $9,000
  • FF&E: $85,000
  • Listing ID: #216599
  • Established: 1976
  • Employees: 1 FT/ 17 PT

Business Description

This is a very profitable and growing fast food franchise located in central Utah. There is a manager in place who handles all day-to-day operations so the owner can focus on further building the business rather than having to run it. It has been in existence for 43 years and is deeply seated in the community. The building (inside and out) has recently been remodeled and upgraded. The asking price is substantially less than the required investment in a new franchise.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Utah

Company Information

Year Established: 1976
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT/ 17 PT

Financial Information

Asking Price: $289,000
Gross Revenue: $634,207
Cash Flow: $115,923
FF&E: $85,000
Inventory: $9,000
Seller Financing Available: No

Property Information

Facilities:

The business is housed in an 1,813 square foot facility near the center of town. This offering does NOT include acquisition of the real estate, but the existing facility can be leased at a favorable rate so there would be no business interruption. The real estate could be purchased, but is not part of this offering.

Growth & expansion opportunities:

The business has been growing consistently over the last several years. The business is well recognized in town due to its presence over the last 43 years. However, growth could be enhanced with a greater emphasis on the catering aspects of the business; this is not a significant source of revenue at this time. Also, expanded local promotion in the community would also add to the current growth patterns.

Competition:

There are other fast food franchises in this town, but none are as long standing or as deeply embedded in the community. This franchise has an outstanding reputation for fresh and high quality food. The consistent growth, more rapid than the growth of the community, is evidence of the quality of the food and the business overall.

Reason for selling:

The seller has owned this business for 43 years and is looking to retire.

Support & Training:

Will train for 4 weeks @ no cost. There are no special licenses required for business operation; other than the basic city license. The franchise transfer fee is $2,000 and the new owner must attend franchise training.

Contact Business Seller

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers